Some investors that built up pools of single-family homes are already beginning to cash in through IPOs, securitizations and portfolio sales.
Blackstone Group has put together a securitization backed exclusively by income from single-family rental properties—Invitation Homes 2013-SFR-1. The $500 million deal bundles rental homes into securities where the rental payments will be passed through to investors.
Blackstone has invested heavily in the
Register to view the full article
This article is part of our premium content subscription. You need to subscribe to gain access to premium content.
Why Register for NREIonline? It's simple and free, and here is what you get:
• Access to leading real estate industry research.
• Interactive rankings of commercial real estate professionals.
• Submit your own articles, (if approved) which will appear around the site.
Already a member? Log in.